Cypress Announces Retirement of Sales and Applications EVP J. Daniel McCranie

By on    Electronic Components, Picture Gallery  

Cypress Announces Retirement of Sales and Applications EVP J. Daniel McCranie

SAN JOSE, CA — (Marketwired) — 04/30/15 — Cypress Semiconductor Corp. (NASDAQ: CY) today announced the retirement of J. Daniel McCranie, Cypress–s executive vice president of Sales and Applications, culminating a 23-year relationship that began in 1993 when McCranie joined Cypress as its EVP of Sales and Marketing. McCranie left Cypress in 2001 but rejoined the company as a member of the Cypress board of directors from 2006-2014 and in his current capacity from 2014-2015.Michael Balow, who

Cypress Reports First-Quarter 2015 Results

By on    Electronic Components  

SAN JOSE, CA — (Marketwired) — 04/30/15 — Cypress Semiconductor Corp. (NASDAQ: CY) today announced its first-quarter 2015 results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included:Closed $5 billion merger with Spansion Inc. on March 12, earlier than anticipatedRevenue of $209.1 million that included 18 days of Spansion results, with revenue of $173.9 million for existing Cypress business in line with guidanceNon-GAAP loss per shar

Cypress Reports Fourth-Quarter and Year-End 2014 Results

By on    Electronic Components  

SAN JOSE, CA — (Marketwired) — 01/22/15 — Cypress Semiconductor Corp. (NASDAQ: CY) today announced its fourth-quarter 2014 and fiscal year results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included:Revenue of $184.1 million and non-GAAP earnings per share of $0.13 met guidance2014 non-GAAP operating expenses at a 15-year low2014 non-GAAP earnings per share increased 33% year-over-yearFree cash flow increased by $19 million sequenti

Cypress and Spansion to Merge in $4 Billion All-Stock Transaction

By on    Electronic Components  

SAN JOSE, CA — (Marketwired) — 12/01/14 — Cypress Semiconductor Corp. (NASDAQ: CY) and Spansion, Inc. (NYSE: CODE)The combined company will:Be a $2 billion global leader in microcontrollers and specialized memories for embedded systemsBe No. 1 worldwide in NOR Flash memoriesBe No. 1 worldwide in SRAM memoriesProvide significant EPS accretion with $135 million in annual synergiesProvide ~50% ownership each for Cypress and Spansion shareholdersPay an $0.11 per share quarterly dividend to all s

Cypress Announces Quarterly Cash Dividend

By on    Electronic Components, Picture Gallery  

Cypress Announces Quarterly Cash Dividend

SAN JOSE, CA — (Marketwired) — 11/24/14 — Cypress Semiconductor Corp. (NASDAQ: CY) today announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share payable to holders of record of the Company–s common stock at the close of business on December 26, 2014. This dividend will be paid on January 15, 2015.The dividend will be paid from U.S. domestic sources other than the Company–s retained earnings and will be treated as a return of capital for U.S. tax purp

1 2